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USDA/RHS RIN: 0575-AD15 Publication ID: Spring 2020 
Title: Rural Rental Housing Changes in Initial Guarantee Fee and Annual Guarantee Fee 

Section 538 of the Housing Act of 1949, as amended (42 U.S.C. section 1490p-2), authorizes the Secretary of Agriculture to charge certain fees to lenders for loan guarantees to offset costs associated with loan guarantees. The Agency's implementing regulation at 7 CFR part 3565 sets the exact amount of the initial guarantee fee and the annual guarantee that is being charged by the Agency. This final rule will remove from the regulations a specification of the amount that the Agency will charge for the initial and annual guarantee fees. This change will allow the Agency the flexibility to establish or make any future changes to the initial and annual guarantee fees without the need for a regulatory change. To provide the public advance notice, the Agency will be required to publish any changes to the initial and annual guarantee fees in the Federal Register.


Agency: Department of Agriculture(USDA)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: No  Unfunded Mandates: No 
EO 13771 Designation: Not subject to, not significant 
CFR Citation: 7 CFR 3565   
Legal Authority: 5 U.S.C. 301    7 U.S.C. 1989    42 U.S.C. 1480   
Legal Deadline:  None
Action Date FR Cite
NPRM  09/03/2019  84 FR 45927   
NPRM Comment Period End  11/04/2019 
Final Rule  08/00/2020 
Final Rule Effective  10/00/2020 
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: No  Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
Tammy Daniels
Finance and Loan Analyst
Department of Agriculture
Rural Housing Service
STOP 0781, 1400 Independence Avenue SW,
Washington, DC 20250
Phone:202 720-0021